Paragon Partners

PARAGON PARTNERS acquires jointly with Gimv the majority in WEMAS, a leading German provider of passive mobile road safety equipment

PARAGON PARTNERS and the Belgian investment company Gimv will jointly and as equal partners take control over German WEMAS from the current owner NORD Holding. Both Paragon Partners and Gimv will hold approximately half of the shares, while the remainder will be held by the company’s management team under the leadership of CEO Markus Schwinn. Next to growing its core business in the DACH-region, WEMAS wants to expand into adjacent road safety markets and further grow its international business

WEMAS Absperrtechnik GmbH ( was established in 1971 and has grown into a full-range provider of certified passive mobile road safety equipment, including protective barriers, delineators, base plates, warning lamps and traffic cones. The company supplies both wholesalers and roadwork safety service providers serving the road safety, infrastructure and construction markets, predominantly in the DACH-region.

The company operates in a growing market. WEMAS is well placed to benefit from this growth thanks to its innovative and high-quality product and value-added service offering, including the highest number of certified road safety products in the industry and a wide range of customised products.

WEMAS is located in Gütersloh (North Rhine-Westphalia, Germany), where most of the products are made. With more than 120 employees, it serves more than 1000 clients thus realizing a turnover of EUR 33.7 million (2016). In the coming years, the company intends to further grow its passive mobile safety business in DACH and internationally. Moreover, the company wants to explore further growth into adjacent road safety market segments, potentially through acquisitions.


About Gimv

Gimv is a European investment company with over three decades experience in private equity and venture capital. The company is listed on Euronext Brussels. Gimv currently manages around 1.6 billion EUR (including co-investment partnerships) of investments in about 50 portfolio companies. As a recognized market leader in selected investment platforms, Gimv identifies entrepreneurial and innovative companies with high-growth potential and supports them in their transformation into market leaders. Gimv’s four investment platforms are: Connected Consumer, Health & Care, Smart Industries and Sustainable Cities. Each of these platforms works with a skilled and dedicated team across Gimv’s home markets of the Benelux, France and Germany and can count on an extended international network of experts. More information on Gimv can be found on


PARAGON PARTNERS, founded in 2004, is a leading private equity group in the German speaking countries with more than EUR 650m of equity capital under management. To date, the firm has completed twenty investments, of which fourteen have been fully or partially exited. PARAGON PARTNERS works with portfolio companies to achieve sustainable growth, operational excellence and market leadership. PARAGON PARTNERS looks to unlock value in fundamentally attractive businesses, leveraging its ability to address transactional and operational complexity and transform companies through tailored value creation programs. The firm is based in Munich, Germany. For further information, please visit

14. November 2017